Chile: Market for Iron Or Steel Parts Of Articulated Link Chain 2024

Market Size for Iron Or Steel Parts Of Articulated Link Chain in Chile

The Chilean metal link chain parts market rose rapidly to $X in 2023, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed a mild expansion. Metal link chain parts consumption peaked at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Exports of Iron Or Steel Parts Of Articulated Link Chain

Exports from Chile

Metal link chain parts exports from Chile expanded remarkably to X tons in 2023, surging by X% on the previous year. Overall, exports posted significant growth. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at X tons in 2019; however, from 2020 to 2023, the exports remained at a lower figure.

In value terms, metal link chain parts exports surged to $X in 2023. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked in 2023 and are expected to retain growth in years to come.

Exports by Country

Bolivia (X tons) was the main destination for metal link chain parts exports from Chile, with a X% share of total exports. Moreover, metal link chain parts exports to Bolivia exceeded the volume sent to the second major destination, Argentina (X tons), threefold.

From 2012 to 2023, the average annual growth rate of volume to Bolivia stood at X%.

In value terms, Bolivia ($X) and Argentina ($X) constituted the largest markets for metal link chain parts exported from Chile worldwide.

Argentina, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average metal link chain parts export price stood at $X per ton in 2023, with an increase of X% against the previous year. Overall, the export price, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2015 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Bolivia stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (X%).

Imports of Iron Or Steel Parts Of Articulated Link Chain

Imports into Chile

For the fourth year in a row, Chile recorded growth in overseas purchases of iron or steel parts of articulated link chain, which increased by X% to X tons in 2023. Overall, total imports indicated a modest expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked in 2023 and are expected to retain growth in the near future.

In value terms, metal link chain parts imports declined modestly to $X in 2023. In general, imports enjoyed a moderate expansion. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

Italy (X tons), China (X tons) and the United States (X tons) were the main suppliers of metal link chain parts imports to Chile, together accounting for X% of total imports. Germany, Finland, India, Spain and South Korea lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the United States ($X) and China ($X) constituted the largest metal link chain parts suppliers to Chile, together accounting for X% of total imports.

Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal link chain parts import price stood at $X per ton in 2023, waning by X% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform